Ethereum Hit $1000
Did a TA on ETH/USD. Appears that $ETH is fighting and staying strong around the 990+ zone, waiting to break the $1,000 once again. Potentially it might hit another ATH (all time high) this coming week. Watch for a breakout and if its a full breakout, good time to enter.
One reason why the $1,000 post as a strong resistance is because of the rule of round number which forms a psychological support or resistance at nice numbers like $1,000, $2,000 or $3,000. Found a guide that explains how this works and i think its important for everyone to know about it especially if you are a trader.
Thanks
People get scarried that everyone would sell the coins when hit this magical numbers like $1.000
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